ELKHART, IN – CTS Corp. reported third-quarter revenues of $165.7 million, up 11% over a year ago. Sales at its EMS unit rose 13% to $100.8 million, driven by defense, communications and medical demand. Operating earnings increased $1.2 million on higher volumes and improved product mix. Sequentially, EMS sales rose 7%.

"Despite a challenging quarter from an operational perspective, relating to problems with a new automotive product launch, year-over-year sales trends remain positive, reflecting continued success with our growth initiatives. During the third quarter, we won two additional platforms for our accelerator pedal module and continued the strong pace of design wins for electronic components in infrastructure applications," said Donald Schwanz, chairman and chief executive.

CTS reiterated its prior full-year guidance of 6 to 8% sales growth, but lowered its profits guidance by 3 cents.

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